Commercial property insurance rates remain stubbornly high in California for businesses with properties that are susceptible to wildfire risks. Coverage is relatively easy to find at reasonable prices in any of California’s larger cities, but in small cities and towns, it’s a different story. Business with facilities in any areas that abut woodlands and other […]
A new survey has found that most small businesses greatly underestimate the recovery costs after a company is hit by a cyber attack, as well as the time it takes to recover. Nationwide Insurance’s “Agency Forward” survey found that 40% of small business owners estimate that a cyber attack would cost their organization less than […]
When you have driving employees, you have to ensure they drive safely not only to avoid an accident and injuring themselves, but also injuring other drivers or pedestrians. While your workers’ compensation insurance will cover an employee’s injuries, your commercial auto insurance would have to cover any claims for third party injuries. An accident can […]
Inflation is not just affecting the cost of food and fuel. It’s also spilled over to the price of almost every industrial item, as well as building materials and services. Anybody running a business, particularly one that carries inventories or has to invest in machinery or electronics, has seen prices increase on top of wage […]
The U.S. Supreme Court’s decision to not hear an appeal of the sweeping California independent contractor law known as AB 5 is likely to cause serious personnel headaches for motor carriers in the Golden State. While the law is already in effect, there had been an injunction exempting trucking companies after the California Trucking Association […]
As inflation drives up salaries in all sectors, the workers’ compensation wage thresholds for construction dual class codes in California have increased as of Sept. 1, 2022. State Insurance Commissioner Ricardo Lara in July approved the recommendation by the Workers’ Compensation Insurance Rating Bureau to increase the wage thresholds for high-wage workers. The new rates […]
As a responsible business owner, you no doubt make sure that you are properly insured for any liabilities resulting from damage to other parties. But, imagine the following scenarios: What if a visitor trips and falls at your business, breaking a leg and is unable to work for a few months while they recover? What […]
With COVID-19 cases spreading fast throughout the country in what experts say is the biggest surge since the pandemic started, employers who regularly test their workers may have to change their policies. The Equal Employment Opportunity Commission in July 2022 issued new guidance for when employers can test their workers in order to comply with […]
Employers whose annual premiums exceed $9,200 in annual premiums need to start paying closer attention to their workers’ compensation policies and safety practices. Under California’s workers’ compensation system rules, starting Sept. 1, if your firm’s premiums exceed this new threshold, it will be issued what’s known as an “X-Mod,” a numerical of your claims history. […]
Cal/OSHA has issued a reminder to employers that they are required to protect their outdoor workers from unhealthy air due to wildfire smoke. Cal/OSHA’s Protection from Wildfire Smoke emergency regulation put in place in August 2019 was made permanent in February 2021. For the safety of your workers and to comply with the regulation, it’s […]